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Re: malekabal42 post# 41844

Monday, 10/14/2013 3:43:38 AM

Monday, October 14, 2013 3:43:38 AM

Post# of 142891
He doesn't have 4 billion shares, the AS is 3 billion of which currently 264million shares of common stock have been issued and 10,000 shares of preferred stock have been issued. Since the preferred stock is convertible into 1 billion shares of common stock then I guess you could say that 1.264 billion shares are outstanding.

I do hear you though, I think the current AS will be a hindrance to the PPS rising to levels that most of the existing shareholders find acceptable and I do hope it can be reduced. I still think that we can get a solid enough PPS with the current share structure...but it will be a struggle. It will be 100 times easier to get there, and keep it there, with a more reasonable AS.